Living Wage Calculation for Hot Springs, AR

The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

Hourly Wages 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Living Wage $9.72 $20.70 $26.28 $32.78 $16.57 $21.11 $23.59 $25.69 $11.93 $7.96 $11.93 $14.44 $16.76
Poverty Wage $5.00 $7.00 $9.00 $11.00 $7.00 $9.00 $11.00 $13.00 $3.00 $4.00 $5.00 $6.00
Minimum Wage $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00

*Documentation for families with an adult working part-time is available separately, here.

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

Annual Expenses 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Food $2,983 $4,516 $6,722 $8,882 $5,469 $6,921 $8,888 $10,799 $5,469 $6,921 $8,888 $10,799
Child Care $0 $4,787 $9,188 $13,589 $0 $0 $0 $0 $0 $4,787 $9,188 $13,589
Medical $2,003 $6,055 $5,768 $5,929 $4,879 $5,768 $5,929 $5,787 $4,879 $5,768 $5,929 $5,787
Housing $5,472 $8,880 $8,880 $11,232 $6,636 $8,880 $8,880 $11,232 $5,472 $8,880 $8,880 $11,232
Transportation $4,401 $8,358 $10,918 $11,911 $8,358 $10,918 $11,911 $11,951 $8,358 $10,918 $11,911 $11,951
Other $2,458 $4,008 $4,826 $6,010 $4,008 $4,826 $6,010 $5,474 $4,008 $4,826 $6,010 $5,474
Required annual income after taxes $17,317 $36,604 $46,302 $57,552 $29,350 $37,313 $41,617 $45,243 $28,186 $42,100 $50,805 $58,832
Annual taxes $2,897 $6,452 $8,367 $10,624 $5,109 $6,592 $7,442 $8,194 $4,949 $7,537 $9,256 $10,877
Required annual income before taxes $20,214 $43,056 $54,669 $68,176 $34,458 $43,905 $49,059 $53,437 $49,637 $33,134 $49,637 $60,061 $69,709

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $62,450
Business & Financial Operations $48,200
Computer & Mathematical $45,030
Architecture & Engineering $62,130
Life, Physical, & Social Science $60,100
Community & Social Service $26,860
Legal $38,260
Education, Training, & Library $45,330
Arts, Design, Entertainment, Sports, & Media $27,180
Healthcare Practitioners & Technical $47,410
Healthcare Support $22,270
Protective Service $29,770
Food Preparation & Serving Related $18,230
Building & Grounds Cleaning & Maintenance $19,240
Personal Care & Service $18,910
Sales & Related $20,540
Office & Administrative Support $26,610
Farming, Fishing, & Forestry $22,220
Construction & Extraction $31,040
Installation, Maintenance, & Repair $31,900
Production $24,640
Transportation & Material Moving $23,280